Funding you earn now, next payment 01:00 UTC+0.0339%/8h= +37.1% APRnext payment +$0.42 per $10,000 · paid last 24h +0.002%
Price spread now: Nado against Polymarket Perps+0.059%7-day average +0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$530.532% of the position
Funding, last 3 days (all we have)+0.009%+$1 on $10k
+Price spread, last 3 days (all we have)−0.035%−$4 · spread now +0.059%, 7d avg +0.039%
=Together, before fees−0.027%+ Points / potential airdropNado: Active · farm board−$3 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Nado is 0.020% dearer against Polymarket Perps than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.039%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.009% in total (about 1.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.42 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps VVV-USD | 31.933 | −0.0239 | get 0.0030% / 1h | 11m 02s | $160K | $1.2M | 3x |
| Short | Nado VVV-PERP | 31.952 | 0.0100 | get 0.0012% / 1h | 11m 02s | $125K | $850K | 3x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Polymarket Perps. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $71.1
- Price spread: +0.059% → +0.039%
- $2.03
- Slippage, 4 orders
- −$38.21
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- $19.91
- Costs to cover
- 0.532%
- Break-even
- 5.0 days
Slippage from Polymarket Perps: live order book, 2 min ago; Nado: live order book, 62 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Polymarket Perps live order book, 2 min ago | 2.82 bp | 9.5 bp −$10 | 9.8 bp −$98 | doesn't fit | doesn't fit |
| Sell Nado live order book, 62 min ago | 10.54 bp | 22.0 bp −$22 | 93.0 bp −$930 | doesn't fit | doesn't fit |
VVV on 33 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps VVV-USDlong | −0.0239% | 1h | 31.933 | long leg | $160K | $1.2M | 3x | |
| Gate VVV_USDT | −0.0118% | 4h | 31.948 | +0.047% | $10.7M | $7.4M | 25x | as long as short |
| Bybit VVVUSDT | −0.0095% | 4h | 31.945 | +0.038% | $39.1M | $51.6M | 20x | as long as short |
| RISEx VVV/USDC | −0.0015% | 1h | 31.950 | +0.052% | $393K | $602K | 5x | as long as short |
| 01 Exchange VVVUSD | −0.0008% | 1h | 31.978 | +0.141% | $11K | $3K | 3x | as long as short |
| Kalshi KXVVVPERP | 0.0000% | 8h | 31.974 | +0.128% | $114K | $6.5M | 1.7x | as long as short |
| Phoenix VVV | 0.0000% | 1h | 31.867 | −0.207% | $56K | $298K | 5x | as long as short |
| Deribit VVV_USDC-PERPETUAL | 0.0000% | 1h | 31.946 | +0.042% | $89K | $24K | 10x | as long as short |
| gTrade (Gains Network) VVV/USD | L +0.0004% / S −0.0004% | 1h | 31.947 | +0.044% | $19K | — | 150x | as long as short |
| Injective VVV/USDC PERP | +0.0033% | 1h | 32.820 | +2.778% | $2K | $1K | 5.5x | as long as short |
Show all 33 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter VVV | +0.0096% | 1h | 31.948 | +0.049% | $2.2M | $5.9M | 5x | as long as short |
| Lighter RH VVV | +0.0096% | 1h | 31.935 | +0.006% | $472K | $1.6M | 5x | as long as short |
| Nado VVV-PERPshort | +0.0100% | 1h | 31.952 | +0.059% | $125K | $850K | 3x | |
| Hyperliquid VVV | +0.0100% | 1h | 31.979 | +0.144% | $74.3M | $55.1M | 3x | as long as short |
| Aster VVVUSDT | +0.0100% | 4h | 31.963 | +0.093% | $260K | $1.9M | 10x | as long as short |
| Pacifica VVV | +0.0100% | 1h | 31.967 | +0.108% | $191K | $183K | 10x | as long as short |
| Binance VVVUSDT | +0.0100% | 4h | 31.956 | +0.071% | $33.6M | $154.2M | 25x | as long as short |
| OKX VVV-USDT-SWAP | +0.0100% | 4h | 31.945 | +0.038% | $4.7M | $41.5M | 20x | as long as short |
| MEXC VVV_USDT | +0.0100% | 4h | 31.966 | +0.103% | $6.5M | $7.0M | 50x | as long as short |
| KuCoin VVVUSDTM | +0.0100% | 4h | 31.952 | +0.059% | $2.0M | $2.8M | 20x | as long as short |
| Bitget VVVUSDT | +0.0100% | 4h | 31.952 | +0.059% | $5.8M | $8.9M | 20x | as long as short |
| BingX VVV-USDT | +0.0100% | 4h | 31.980 | +0.147% | — | $5.4M | — | as long as short |
| Backpack VVV_USDC_PERP | +0.0100% | 1h | 31.983 | +0.155% | $123K | $334K | 5x | as long as short |
| Variational Omni VVV | +0.0100% | 4h | 31.923 | −0.031% | $2.1M | $190K | — | as long as short |
| Derive VVV-PERP | +0.0100% | 1h | 31.942 | +0.029% | $3K | $2K | 5x | as long as short |
| Phemex VVVUSDT | +0.0100% | 4h | 31.973 | +0.125% | $2.1M | $2.1M | 50x | as long as short |
| Paradex VVV-USD-PERP | +0.0100% | 8h | 31.942 | +0.029% | $3K | $106 | 5x | as long as short |
| edgeX VVVUSDC | +0.0102% | 4h | 31.936 | +0.011% | $79K | $336K | 10x | as long as short |
| Extended VVV-USD | +0.0104% | 1h | 31.953 | +0.062% | $304K | $2.0M | 5x | as long as short |
| Aevo VVV-PERP | +0.0104% | 1h | 31.955 | +0.069% | $6K | — | 3x | as long as short |
| BloFin VVV-USDT | +0.0148% | 4h | 31.951 | +0.056% | $1.3M | $1.8M | 25x | as long as short |
| GMX VVV/USD [ETH-USDC] | L +0.0178% / S +0.0121% | 1h | 31.947 | +0.042% | $578K | — | 100x | as long as short |
| Coinbase International VVV-PERP-INTX | +0.0320% | 1h | 31.903 | −0.095% | $245K | $1.2M | 25x | as long as short |
Polymarket Perps VVV-USD
Gate VVV_USDT
Bybit VVVUSDT
RISEx VVV/USDC
01 Exchange VVVUSD
Kalshi KXVVVPERP
Phoenix VVV
Deribit VVV_USDC-PERPETUAL
gTrade (Gains Network) VVV/USD
Injective VVV/USDC PERP
Lighter VVV
Lighter RH VVV
Hyperliquid VVV
Aster VVVUSDT
Pacifica VVV
Binance VVVUSDT
OKX VVV-USDT-SWAP
MEXC VVV_USDT
KuCoin VVVUSDTM
Bitget VVVUSDT
BingX VVV-USDT
Backpack VVV_USDC_PERP
Variational Omni VVV
Derive VVV-PERP
Phemex VVVUSDT
Paradex VVV-USD-PERP
edgeX VVVUSDC
Extended VVV-USD
BloFin VVV-USDT
GMX VVV/USD [ETH-USDC]
Coinbase International VVV-PERP-INTX